1259 Prospect Avenue, Brooklyn
Parking · Block 5277, Lot 16.
Building permits
- New Building — Multi-Family, filed Apr 29, 2026, 5 units, 3 stories, described as “New 3 story and cellar 5-family class a multiple dwelling and commercial mixed use building.”
- Alteration, filed Oct 28, 2026, estimated cost $5K, described as “Erect construction fence to safe guard property filed in conjunction with NB B01385319. No change to the use, egress, and occupancy”
Property taxes
- Assessment
- $455,850
- 2026–27 tax
- $33,624
- Market value (city estimate)
- $1,013,000
- Taxable value
- $309,960
- Assessed land
- $455,850
Zoning
R5B: floor area ratio 0.00 built, 1.50 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 31, 2023: $2,050,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.